£68,779
This estimated value is based upon the latest sale price for the house of £14,500 on 22 May 1998. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£14,500 | 22 May 1998 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in May 1998 the House Price Index for CITY OF NOTTINGHAM was 31.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 374.343%.Applying this 374.343% change to the original purchase price of £14,500 results in an estimated price of approximately £68,779.
22 May 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.6 | 149.7 | 374.343 % | £14,500 | £54,279 | £68,779 |
The Postcode Pricing Model uses changes in average sales price within the NG7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 353.524 % | £51,260 | £65,760 |
3 Month Average | 399.038 % | £57,860 | £72,360 |
6 Month Average | 337.917 % | £48,997 | £63,497 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £137,107 | £135,000 | 149 FORSTER STREET |
1 Nov 2023 | £135,438 | £132,000 | 147 HARTLEY ROAD |
3 Mar 2023 | £91,529 | £90,000 | 2 LONSDALE ROAD |
20 Jul 2022 | £168,690 | £167,000 | 159 FORSTER STREET |
3 May 2022 | £120,386 | £117,250 | 22 LONSDALE ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 1 Jul 2020. Using an estimated price of £68,780 means this house is valued at £849 per sq meter (£78 per sq foot).
The average size of a house on LONSDALE ROAD is 81 sq meters (872 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Lonsdale Road |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Lonsdale Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lonsdale Road |